Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here’s Why These Five Stocks Are in Spotlight on Tuesday

Markets are trading in the red on Tuesday as investors gauge the latest Commerce Department which showed that consumer spending increased 0.4% in June, better than the expected 0.3%. However, income growth rate in the month was 0.2%, slightly less than the forecasts.

Among the stocks that are in the spotlight today are Dun & Bradstreet Corp (NYSE:DNB), Frontier Communications Corp (NASDAQ:FTR), Mallinckrodt PLC (NYSE:MNK), AmerisourceBergen Corp. (NYSE:ABC), and Procter & Gamble Co (NYSE:PG).  Let’s take a closer look at the latest developments surrounding each of these companies and see what the investors from our database think about them.

At Insider Monkey, we track around 770 hedge funds and institutional investors. Through extensive backtests, we have determined that imitating some of the stocks that these investors are collectively bullish on can help retail investors generate double digits of alpha per year. The key is to focus on the small-cap picks of these funds, which are usually less followed by the broader market and allow for larger price inefficiencies (see more details about our small-cap strategy).

stock, market, business, app, shares, share, news, global, man, phone, big, graph, chart, using, screen, fast, motion, concept, internet, up, tablet, touching, technology,


Dun & Bradstreet Beats Estimates

Dun & Bradstreet Corp (NYSE:DNB)’s stock has gained more than 5% so far today on the back of the company posting better-than-expected second-quarter earnings. The commercial data provider reported EPS of $1.37, surpassing the estimates of $1.18, but revenue of $389.8 million fell short of the consensus estimate of $394.86 million. For the full year, the company expects adjusted diluted EPS growth in the range of -2% (down) to 3% and revenue growth between 1.5% and 3.5%. A total of 20 funds tracked by Insider Monkey were long Dun & Bradstreet Corp (NYSE:DNB) at the end of the first quarter.

Follow Dun & Bradstreet Corp (NYSE:DNB)
Trade (NYSE:DNB) Now!

Frontier Communications Misses Estimates

Frontier Communications Corp (NASDAQ:FTR)’s stock has slid by around 6.50% after the company missed analysts’ forecasts on second quarter earnings.  The Connecticut-based telephone company posted a net loss of $80 million, or $0.07 per share, worse than the expected loss of $0.03 a share. Revenue in the quarter totaled $2.61 billion, less than the estimated $2.74 billion. Frontier Communications also narrowed its 2016 guidance and currently expects capital expenditures to be in the range of $1,275 million to $1,325 million, while adjusted free cash flow is estimated between $825 million and $900 million. As of the end of March, 27 investors from our database own shares of Frontier Communications Corp (NASDAQ:FTR).

Follow Frontier Communications Corp (NASDAQ:FTR)
Trade (NASDAQ:FTR) Now!

Om the next page, we will discuss Mallinckrodt, AmerisourceBergen and Procter & Gamble.